Emomotimi Agama, Director-General, Securities and Exchange Commission (SEC) has said that Nigeria’s transition to a T+2 settlement cycle in the capital market will significantly enhance market efficiency, reduce risks, and strengthen investor confidence.
Speaking at a Trade Associations Roundtable on “Ensuring Stakeholder Readiness for T+2 Settlement” held in Abuja on Wednesday, Agama said the migration from the current T+3 to T+2 cycle represents a strategic step toward aligning Nigeria’s capital market with global best practices.
According to him, the move is not just a technical reform but a major milestone that will make the Nigerian market more competitive and resilient.